September 2017

Even as August sees a year-over-year increase in new listings, we are still experiencing an inventory shortage across the Charlotte Metro area. Experts are hopeful that the increase in inventory will stimulate more buyer interest as we move into the latter part of 2017. "While inventory remains lower than the previous year, we're not experiencing the same downward trend in contract activity that's being reported nationally," said CRRA President Roger Parham, to the Charlotte Business Journal. "Also, the recent uptick in new listings that's occurred over the last four months should help fuel buyer interest."

Here's a snapshot of what has been going on in the Charlotte area during the month of August.